Question

A country's work force is referred as Resource (True/False)​

Answer 1

Answer:

True. If the quantity of physical capital in a country increases at the same time that the quantity or quality of labor resources used falls, that country would experience economic growth.

Answer 2

Answer:

The correct answer is True

Explanation:

All those people who are engaged in economic activities, in any capacity high or low are called Worker.

Worker are also called as Human Resources of the country because they do economic activity. They are paid by the employers for their work. Those who are self-employed are also come under the category of worker.

Workforce includes all those who are employed at a particular point of time. In other words, it refers to those persons who are working.

Workforce includes those person who are engaging in economic activity.

Workforce does not include who are unemployed person even though they are willing and available for work.

So this statement is true that A country's workforce is referred as Human Resource for the country.

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